“Points” metas have taken over the cryptocurrency space recently, with NFT marketplaces on Ethereum, Solana, and Bitcoin jumping on the bandwagon and, in some cases, leading the charge to win the hearts, minds, and wallets of cryptocurrencies. Merchants everywhere.Will my points be converted to token airdrops? Can the NFT market regain its former glory? So which company is best positioned to win the NFT marketplace war? Here’s the situation so far:Magic Eden is the latest work. NFT It seeks to attract users through a point-based loyalty model where they can be rewarded with token drops or other rewards. Marketplace recently…
Author: Crypto Flexs
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With so many new digital assets emerging in the cryptocurrency market these days, choosing the best cryptocurrency to invest in in 2024 can be a bit confusing. Now let’s take a look at these cryptocurrencies and which one you should choose to invest in the future. SAVM aims to unify Ethereum and Bitcoin through a decentralized layer 2 solution, despite recent SAVM price fluctuations. The SEI Network has a strong presence in the market and offers potential returns, while BlockDAG Coin, one of the best cryptocurrencies of 2024, presents a hybrid consensus mechanism with the potential to yield over 1000x…
Superchief Gallery will open what is acclaimed the world’s first gallery showcasing Bitcoin Ordinals artwork, the company announced Wednesday. The new San Francisco-based gallery has teamed up with the Ordinals-focused Cypherpunk Lab collective (along with neurotech startup Nuro Realm and software company Deezy Labs) to open Superchief Gallery San Francisco.advertising The San Francisco gallery aims to be a permanent fixture, continually offering new exhibitions and highlighting artists of interest to the Ordinals space. Grand opening celebrations begin on Friday, February 16th. Bitcoin MagazineA special issue of Ordinals on Epitaphs featuring a live “Hell Money” podcast recording. The podcast is co-hosted…
The above quote from Electric Capital co-founder and general partner Curtis Spencer highlights the importance of Fordefi’s new product in the cryptocurrency space. Fordefi aims to revolutionize secure institutional access to DeFi and cryptocurrencies by introducing innovative tools such as multi-party computation (MPC), user policies, and transaction simulation. Spencer praises Fordefi for extending its industry-leading technology to any business looking to provide its customers with the best combination of security and user experience when it comes to on-chain transactions. This recognition highlights the potential impact of Fordefi’s wallet service offering in improving the accessibility and security of on-chain transactions for…
Ethereum (ETH) rival Cardano (ADA) could soar by more than 20% if it clearly breaks through a key supply level, according to a prominent cryptocurrency trader. Cryptocurrency analyst Ali Martinez says Nearly 45,000 followers on social media platform According to Martinez, nearly 50,000 addresses purchased about 2 billion ADA between these price ranges, suggesting that holders could sell their Cardano assets to get out at a break-even price. However, traders note that Cardano could see an upside if the ADA bulls clear the bulk supply levels. “Overcoming this resistance could lead to a bullish move towards $0.68!” Source: Ali Martinez/X…
robin hood, a major player in the U.S. financial technology sector, has recorded strong growth. The platform has seen a notable increase in monthly user influx. Robinhood monthly deposits soar to new heights CNBC correspondent Kate Rooney recently said: shared Development through the cryptocurrency community on the X (formerly Twitter) platform. A CNBC reporter said Robinhood posted an increase in profits in its most recent quarterly results. Rooney noted that the platform is making some progress in its attempts to overtake traditional “brokerage firms” for market dominance. Additionally, Robinhood aims to: expand Going beyond the “original base of inexperienced, young…
Mark Zuckerberg claims Oculus outperforms Apple Vision Pro But is it better for cryptocurrency adoption?In a recent statement, Meta CEO Mark Zuckerberg announced that his company’s VR headset, Oculus Quest, is superior to Apple’s Vision Pro, further intensifying the ongoing VR race. VR technology is expected to contribute significantly to the cryptocurrency space by driving adoption. The development of virtual reality is advancing cryptocurrency and blockchain technology to provide immersive virtual environments for interaction and transactions. Zuckerberg posted a video comparing the two headsets, highlighting the Quest’s advantages. VR headsets like the Oculus Quest have become a preferred technology for…
Legal • February 14, 2024 2:11 PM EST Posted 1 minute ago In ~ According to Bloomberg, the bankruptcy court ruled that Genesis Global Holdco LLC can sell about 35 million shares in Grayscale’s GBTC fund, which are now worth more than $1.3 billion.On Wednesday, Judge Sean Lane said Genesis could convert GBTC shares into bitcoin or cash. Grayscale’s flagship GBTC fund, which converted to a spot Bitcoin ETF last month, has begun trading. The company’s spot Bitcoin ETF has led all other ETFs in terms of total trading volume since its official launch last month. The ETF has since…
He notes that outflows from ETFs led by Grayscale’s Bitcoin Trust (GBTC) have outpaced inflows of funds for which Coinbase provides custodial services, dragging down Coinbase’s ETF-related assets under management (AUM). Moreover, after the initial excitement surrounding the ETF launch, spot trading volume on exchanges has slowed, Dolev said.
BEAM investors turn to Option2Trade (O2T). Looking at the horizon, the trajectory is Option 2 Trade (O2T) Beam (BEAM) looks promising thanks to investor enthusiasm and the innovative spirit of the Option2Trade (O2T) platform. With advanced AI technology, powerful incentives for liquidity providers, and the promise of unprecedented returns, Option2Trade (O2T) is ready to redefine. The Beginning of AI Trading: O2T Proposal Advanced AI trading technology is at the heart of Option2Trade (O2T)’s appeal. In markets where volatility is the only constant, AI’s predictive power can be the difference between a missed opportunity and a profitable trade. Option2Trade(O2T) The platform…